EX-99.1 2 v402564_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended January 31, 2015  

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(448,422)
Unrealized Gain (Loss) on Market Value of Futures   (555,930)
Dividend Income   239 
Interest Income   208 
ETF Transaction Fees   350 
Total Income (Loss)  $(1,003,555)
      
Expenses     
General Partner Management Fees  $10,839 
Professional Fees   7,289 
Brokerage Commissions   373 
Prepaid Insurance Expense   271 
NYMEX License Fee   217 
Non-interested Directors' Fees and Expenses   144 
Total Expenses   19,133 
Expense Waiver   (6,122)
Net Expenses  $13,011 
Net Income (Loss)  $(1,016,566)

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 1/1/15  $16,426,468 
Additions (50,000 Shares)   679,220 
Net Income (Loss)   (1,016,566)
      
Net Asset Value End of Month  $16,089,122 
Net Asset Value Per Share (1,250,000 Shares)  $12.87 

 

To the Limited Partners of United States 12 Month Natural Gas Fund, LP:  

 

Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended January 31, 2015 is accurate and complete.  

 

/s/ Howard Mah  

Howard Mah

Chief Financial Officer

United States Commodity Funds LLC, General Partner of United States 12 Month Natural Gas Fund, LP  

 

United States Commodity Funds LLC

1999 Harrison Street, Suite 1530

Oakland, CA 94612